January 2, 2019 /Sports News – National Report: Yankees reach deal with free agent SS Troy Tulowitzki FacebookTwitterLinkedInEmailScott Clarke / ESPN Images(NEW YORK) — The New York Yankees have reportedly bulked up their infield in the wake of shortstop Didi Gregorius’ Tommy John surgery.Citing league sources, ESPN reports the Yankees have reached a deal with free agent shortstop Troy Tulowitzki. If the deal is finalized following a physical exam, New York will only have to pay $555,000 for Tulowitzki, while the Toronto Blue Jays, who released him last month, will foot most of the 34-year-old’s $20 million contract.Gregorius, 28, underwent Tommy John surgery in October. He is expected to be back on the active roster before the All-Star break. Copyright © 2019, ABC Radio. All rights reserved. Written by Beau Lund
Halliburton teams with Accenture to accelerate digital supply chain transformation. (Credit: Gerd Altmann from Pixabay.) Halliburton and and Accenture announced they have teamed to accelerate Halliburton’s digital supply chain transformation and support digitalization within the Company’s manufacturing function.Beginning in 2021, Halliburton will launch a new global hub-and-spoke supply chain and manufacturing service model supported by new technologies. This new delivery platform will apply advanced analytics and enhanced business intelligence tools for its support teams to improve service levels and unlock operational benefits.This transformation further supports Halliburton’s strategic priority to accelerate digital deployment and integration across the value chain, driving better service for its customers and returns for its shareholders.Accenture will work with Halliburton to:Create real-time supply chain visibility and actionable insights using artificial intelligence and analytics, enabling greater transparency and faster decision-making;Accelerate the deployment of new, scalable technology that automates procurement processes, enables touchless invoicing and improves data accuracy;Improve process efficiencies and increase productivity, enabling more focus on strategic activities and the ability to scale at lower incremental cost.“This transformation allows Halliburton to improve service levels and business outcomes by optimizing our investments across supply chain and manufacturing infrastructure,” said Lawrence Pope, Halliburton executive vice president of Administration and chief Human Resources officer.Accenture will leverage its SynOps platform to accelerate Halliburton’s digital transformation across its supply chain and manufacturing functions. Accenture will augment its unique capabilities with Halliburton’s existing technologies to provide teams with more advanced tools to do their work, enhancing real-time decision-making and actionable insights across supplier performance, demand planning, logistics and inventory management.“Halliburton’s strong digital foundation is critical to making its supply chain and manufacturing functions more responsive, resilient and able to adapt to changing market needs,” said Manish Sharma, group chief executive of Accenture Operations. “We are proud to help Halliburton accelerate this transformational change to better position it for the future.” Source: Company Press Release Halliburton will launch a new global hub-and-spoke supply chain and manufacturing service model
View post tag: Victoria Back to overview,Home naval-today RFA Fort Victoria to Help Australians Fight Pirates View post tag: Fort RFA Fort Victoria to Help Australians Fight Pirates View post tag: Pirates View post tag: fight View post tag: Defence Training & Education View post tag: RFA View post tag: News by topic October 8, 2013 View post tag: Naval View post tag: Help View post tag: Navy View post tag: Defense Share this article View post tag: Australians Delivering enough fuel in an hour to fill the tanks of over 5,400 family cars, support ship RFA Fort Victoria tops up frigate HMAS Melbourne to sustain the ongoing fight against piracy and terrorism.Fort Vic can pump 700,000 litres of fuel an hour during a replenishment at sea – enough to fill the tanks of more than 12,500 Ford Focuses.Melbourne needed less than half that to support her ongoing maritime security patrol, Operation Slipper – the Australian counterpart to Britain’s Operation Kipion, our east of Suez mission.“Bringing 4,800 tonnes of metal together at 12 knots, less than 50 metres from 33,675 tonnes of metal, requires focus and ship handling skills,”said Cdr Brian Schlegel, HMAS Melbourne’s CO.“Operating in this part of the world in hot conditions takes its toll on the personnel on the upper decks during a RAS.“That is something we have to remain cognisant of when working in hot environments. Overall this was a safe and successful RAS with Fort Victoria.”The RFA ship is the command ship of Combined Task Force 151, led for the first time by a Royal Navy team headed by Cdre Jeremy Blunden.The force, half a dozen vessels including the Melbourne, is charged with strangling piratical activity across 2½ million square miles of ocean, as well as clamping down on any other criminal activities the ships encounter – smuggling, terrorism, people trafficking.This was the first RAS between the British auxiliary and the Australian warship; the Melbourne has just arrived in theatre, taking over from HMAS Newcastle in the 56th rotation of a Royal Australian Navy vessel to the Middle East region since the beginning of the first Gulf War in 1990.The new arrival hosted a team from Fort Vic to discuss the current piracy threat and ways in which the task force will deter and disrupt any modern-day buccaneers operating off the Horn of Africa.“HMAS Newcastle worked tirelessly over the past months to engage with the local maritime community and show our global resolution to combat the piracy problem,”said Cdre Blunden.“This is echoed by the new team onboard HMAS Melbourne who are well prepared for this important mission and ready to carry on the same good work as her predecessor.”In return the RFA ship hosted some of the Australians to give them a taste of life and kit aboard a British military vessel.“It was refreshing to see a ship from another Navy and to compare the Australian Navy systems and procedures to the Royal Navy,”said AB Luke Luong RAN.“It is clear that we stem from the same naval heritage.”[mappress]Press Release, October 08, 2013; Image: Royal Navy
Walkers, Arberlour1898: Joseph Walker opens the bakery, using a loan of £50. 1890: His shortbread recipe quickly gains a local reputation. The business moves to larger premises and invests in a horse and cart.1930s: His sons, James and Joseph, join the company. They expand the range and introduce the company’s first delivery van.1961: James’ children – Joseph, James and Marjorie – have joined the company. Walkers has six vans, shops in Grantown and Elgin, and a 100-strong workforce. 1975: Following investment in bakery machinery, Walkers moves to a custom-built factory in Elgin. Each month we profile a family business to see how the baking craft has passed down through the generations. This month, the story of Walkers, a business built on £50 and a single shortbread recipe.In 1898, 21-year-old Joseph Walker obtained a loan of £50 and used it to open his own bakery. His shortbread recipe became locally renowned, and shooting parties from local estates would make detours to try it. Word spread fast and demand increased. In response, Joseph moved to larger premises in the Speyside village of Aberlour after a mere two years in business, and invested in a horse and cart so he could deliver further afield.In the 1930s, two of his sons – James and Joseph – joined the company and, by 1936, the firm had introduced a range of cakes, a selection of confectionery and its first delivery van.Despite rationing during the Second World War, Walkers continued to supply its customers with bread and oatcakes, helping the firm to survive. After the war, many bakeries made the switch to cheaper margarine, but Joseph was adamant the shortbread recipe remain the same. Even after his death in 1954 his sons heeded his wishes, and the original recipe, still in use, contains four ingredients: flour, sugar, salt and pure creamery butter.By 1961, the third generation of Walkers – James’ children, Joseph, James and Marjorie – had joined the company and the workforce numbered almost 50, with a fleet of six vans, as well as shops in Grantown and Elgin. Local grocers began stocking Walkers’ products too, and the family had to invest in bakery machinery to meet demand. By the 1970s, Joseph’s grandchildren were also exporting shortbread to more than 20 countries.In 1975 Walkers outgrew its bakery and moved to a custom-built factory, still in Arberlour. As Jim Walker puts it, “This gave us the extra space and facilities needed to develop new products, such as chocolate chip shortbread and speciality biscuits. Since the 1990s, six members from four generations of the Walker family have joined the company and played a major part in its development.”Walkers now operates from six factories – four in Aberlour and two in Elgin – and exports to more than 100 countries, with overseas sales accounting for more than 40% of its turnover. To support global demand, the company has set up subsidiaries in Germany, its largest European market, and the US.But all the shortbread is still baked in Speyside. Now, just as it did over 100 years ago, Walkers tests every product on the people of Aberlour by selling it in the village shop first. “Our products are still given their first seal of approval by Aberlour,” says Jim. …
Hitting the perfect tennis serve requires hours and hours of practice, but for scientists who study complex motor behaviors, there always has been a large unanswered question — what is the brain learning from those hours spent on the court? Is it simply the timing required to hit the perfect serve, or is it the precise path along which to move the hand?The answer, Harvard researchers say, is both — but in separate circuits.Bence Ölveczky, the John L. Loeb Associate Professor of the Natural Sciences, has found that the brain uses two largely independent neural circuits to learn the temporal and spatial aspects of a motor skill. The study is described in a Sept. 26 paper in Neuron.“What we’re studying is the structure of motor-skill learning,” Ölveczky said. “What we were able to show is that the brain divides something that’s complex into modules — in this case for timing and for motor implementation — as a way to take advantage of the hierarchical structure of the motor system, and it imprints learning at the different levels independently.”To tease out how those independent circuits operate, Ölveczky and his colleagues turned to a creature well-known for its ability to learn — the zebra finch. The tiny birds are regularly used in studies of learning because each male learns to sing a unique song from its father.In a series of experiments, Ölveczky’s team used traditional conditioning techniques to change the timing of a bird’s song by speeding up or slowing down certain “syllables” in the song. They could also change which vocal muscles were activated and have the bird sing at a higher or lower pitch.“But when you change the pitch of a syllable, the duration doesn’t change, and when you change the duration the pitch doesn’t change,” Ölveczky said. “It appears the neural circuits for the two features are separate.”Additional evidence that the circuits for learning motor implementation and timing are distinct came when researchers lesioned the basal ganglia of the birds — the region of the brain long thought to play a critical role in song learning.“The thinking had been that there was one circuit for song-learning in general,” Ölveczky said. “We found that if we lesioned the basal ganglia and repeated the pitch-shift experiment, the bird could no longer use the information it got from our feedback to change its behavior — in other words, it couldn’t learn.”Experiments aimed at changing the birds’ timing, however, were just as effective, suggesting two separate learning circuits — with only one involving the basal ganglia.Such independence and modularity is critical, Ölveczky said, because it allows different features of a behavior to be modified independently if circumstances change. Parallel learning of different features can also speed up the learning process and enable the flexibility we see in birdsong and many human motor skills.“If you learn something — it could be your tennis serve, or it could be any behavior — and you need to slow it down or speed it up to fit some new contingency, you don’t have to completely re-learn the whole thing, you can just change the timing, and everything else will remain exactly the same.“In fact, ‘slow practice,’ a technique used by many piano and dance teachers, makes good use of this modularity,” Ölveczky said. “Students are first taught to perform the movements of a piece slowly. Once they have learned it, all they need to do is get the timing right. The technique works because the two processes — motor implementation and timing — do not interfere with each other.”The hope among researchers, Ölveczky said, is that a better understanding of how birds learn complex motor tasks such as singing unique songs will help shed new light on the neural underpinnings of learning in humans.“For us, this is inspiration to look at similar types of questions in mammals,” he said. “The flexibility with which we can alter the spatial and temporal structure of our motor output is similar to songbirds, but our understanding of how the mammalian brain implements the underlying learning process is not anywhere near as advanced as for songbirds. The intriguing parallels in both circuitry and behavior, however, suggest a general principle of how the brain parses the motor skill learning process.”
Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) Photo: Governor Tom Wolf / CC BY 2.0MAYVILLE – The Chautauqua County COVID-19 Response Team says there were no new cases of the novel Coronavirus reported Sunday.Officials say 21 people remain under a mandatory quarantine, 38 in precautionary quarantine and 22 are placed under mandatory isolation because they are symptomatic of the virus and lab test results are pending.So far the county has received 87 negative test results to date.Health officials continue to meet daily and urge residents to stay home. When in public officials ask residents to follow social distancing guidelines.
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York [dropcap]T[/dropcap]his weekend in New York City, Hillary Clinton is set to hold her first official full-scale campaign rally for the 2016 presidential election. She’ll be speaking Saturday on Roosevelt Island, named after FDR not his First Lady, Eleanor, which would have been more appropriate considering the historic kickoff like the one Clinton is making.Let’s look at the big picture and see how far she’s come—and how far we still have to go.Next November some American women who were born when they, their mothers and their sisters all lacked the right to vote may get to actually elect the first woman president. And New York will have made it possible in more ways than one.The woman’s suffrage movement took off upstate in Seneca Falls in the summer of 1848. If Clinton had chosen that venue for her big campaign event, I suppose the symbolism might have been too much for some squeamish men-folk and their female enablers to handle.But it’s not like that reactionary crowd lacks inspiration. If only we could hold this election this fall, we might be spared some of the calumnies to come. Instead, we’ll have to withstand months and months of poisonous prevarication, pusillanimous punditry, and preposterous pomposity proliferated by the plutocrats and their plebeians just to feed every insatiable news cycle until Nov. 8, 2016. So much verbiage will be wasted signifying nothing while so many important problems facing our country and the planet will go unaddressed—and too many people will continue to suffer until their needs are met.Reading a recent snarky column by Maureen Dowd sliming Hillary Clinton for the umpteenth time (with many more columns still to come) I was reminded of my first encounter with the leading Democratic nominee after she’d just become New York’s first woman Senator. Typical of some of our state’s highest achievers, she was born somewhere else—in her case, Chicago—and you can still hear traces of her Midwestern roots today when she speaks.New York voters had welcomed the former first lady after she and her husband moved to Westchester County. Showing unabashed support for the local boy, Newsday had endorsed her Long Island-born Republican opponent, 42-year-old four-termer Rep. Rick Lazio. Whether it was the worst endorsement Newsday ever made is debatable. Regardless, Lazio lost by a double-digit margin. As Clinton told the TV cameras in her victory speech, “Today we voted as Republicans and Democrats. Tomorrow we begin again as New Yorkers.”It was in that spirit of reconciliation that she came to Newsday to meet with the publisher, the editorial board and the op-ed department, which then included me. There, in the belly of the beast, so to speak, she was clearly amused at the situation and the apparent discomfort of our publisher who had sided with Lazio. She could have gloated, rubbed her triumph in his face, but she didn’t. She was gracious, charming, lively and intelligent—perhaps the smartest one in the room.And there I was, sitting across the polished mahogany conference table in the publisher’s spacious office, eye to eye with the most hated woman in America, thanks to Rush Limbaugh and his ilk, and I was smitten. Of course, as friends and enemies would say, I’m gullible to begin with. But I admired her character, her strength, her sense of humor. My female colleagues, particularly our columnist at the time, Marie Cocco, didn’t want to cut her any slack, but so be it. Was it professional envy? Perhaps. As well as lingering resentment over the way she’d botched the Clinton administration’s health insurance reform by trying to keep it all under wraps. And there was also no doubt some disgust that she’d let her philandering husband mistreat her like the female subject of a country western song.But she did so well representing the Empire State she won a second term. Her first attempt to win the White House didn’t go so well but she did end up as secretary of state serving in the administration of the man who’d beaten her for the Democratic nomination.Last summer throngs of women and men lined the blocks around the Book Revue in Huntington when Clinton was on tour plugging “Hard Choices,” her 635-page memoir of her work leading the State Department. Across the corner on New York Avenue a small cadre accused her of “lying” about Benghazi but they hardly got a rise out of her fans—some had been camped outside since 11 p.m. the night before. Once inside the store, their excitement at meeting Clinton was palpable. These are the people she’ll need to come out to the polls in every state across the country if she’s going to win the race. But they will have to do a lot more than celebrity worship if they want her to succeed. The big question about Clinton’s candidacy, as columnists like the Washington Post’s Eugene Robinson has pointed out, is whether she can inspire the coalition that twice elected President Obama—young people, minorities, women—to rally to her side. And that’s just to win her race next November, assuming she’s the Democratic nominee. If she is going to make any progress on Capitol Hill, she’ll need a majority in the Senate and the House to support her positions.I don’t know if the men and women I saw at the Book Revue are up to the task. But it is helpful to remember how long it took New York’s most famous suffragettes, Elizabeth Cady Stanton and Susan B. Anthony, before they made any headway in getting their sex the right to vote.As Stanton once wrote:“Night after night by the light of an old-fashioned fireplace, we plotted and planned the coming agitation, how, when, and where each entering wedge could be driven, by which woman might be recognized, and her rights secured…Such battles were fought over and over again.”Fittingly, Stanton’s and Anthony’s nicknames were “Napoleon” and “General.” When they first met in Seneca Falls in 1851, Elizabeth was a 35-year-old mom with four boys, ages nine to three months. Susan was 31 and unmarried.They wouldn’t have met in Seneca Falls had it not been for another New York woman who was a real liberator: Amelia Bloomer, an upstate feminist who advocated that women wear a short skirt and loose trousers to get rid of their constricting whale-boned bodices and “shed the burden of long, heavy skirts;” today her fashion creation is known to us as “bloomers.” Very modest, she refused to take credit for the dress design, let alone profit from it. When we read coverage of what Hillary Clinton is or is not wearing, we should take a moment to praise Ms. Bloomers for making pants-suits possible.Elizabeth Cady Stanton and Lucretia Mott organized the first women’s rights convention, which began July 19, 1848 in Seneca Falls. Twenty years later, the amendment to the Constitution was first proposed on Dec. 7, 1868. The goal, according to the National Archives, was universal suffrage, so the 1870 passage of the 15th Amendment, granting black men the right to vote, was regarded as a partial victory. But afterwards progress stalled on what the women hoped would become the 16th Amendment.Hillary Clinton, the presumptive Democratic nominee in the 2016 race for the White House, was the first woman US Senator in New York State.In the 1872 election in Rochester, Susan B. Anthony registered to vote and dared to cast a ballot even though she knew she’d get arrested for “knowingly, wrongfully and unlawfully” voting. She was convicted and fined $100. She vowed she’d never pay a penny. Instead, on Jan. 12, 1874, she petitioned Congress that the fine be remitted because her “conviction was unjust.” Congress rebuffed her. Almost a century later, Congress did approve putting her stern visage on a dollar coin, which was minted from 1979 to 1981, and again in 1999. Despite Anthony being the first woman ever to adorn U.S. currency, her coin never quite caught on, in part because it was about the size of a quarter. On eBay a Susan B. Anthony Dollar apparently ranges from $2.99 to $25.Coin collecting was farthest from the minds of the suffragettes in the 19th century. But you wonder what they would have thought of all the money that Hillary Clinton has to raise just to be a viable candidate in our republic. At least, Clinton should have President Obama on her side this time around. The suffragettes counted on African Americans to help them, too.In 1877 Frederick Douglass, Jr., notably signed the Petition for Woman Suffrage, asking Congress to “prohibit the several States from Disenfranchising United States Citizens on account of Sex.” His name appeared at the top of the column of signatories under the “Colored MEN” heading. Douglass’s famous father, a former slave and leader of the abolition movement, had attended the historic Seneca Falls Convention in 1848, writing an editorial at the time that “in respect to political rights…there can be no reason in the world for denying to woman the elective franchise.”But reason, as it is so wont to do in America, fell on deaf ears.After decades of distractions and setbacks, the tide began to turn. New York adopted woman suffrage in 1917. Interestingly, New Jersey had granted women the right to vote after the Revolution only to rescind it in 1807. Another significant step was taken on May Day in 1917 when the Association of Army Nurses of the Civil War sent a supportive letter to the U.S. House Judiciary Committee. But the opposition wouldn’t go away. The same year, as America entered the First World War, the Women Voters Anti-Suffrage Party of New York circulated its petition to the U.S. Senate. Their argument against making “such a radical change in our government” said that “our country in this hour of peril should be spared the harassing of its public men and the distracting of its people from work for the war…” They quoted one of the measure’s leaders, Mrs. Carrie Chapman Catt, who had urged the amendment’s supporters to wage “a simultaneous campaign in 48 states” and create an “organization in every precinct; activity, agitation, education in every corner. Nothing less than this nation-wide, vigilant, unceasing campaign will win the ratification.”Apparently that’s exactly what it took to get the measure through. At the turn of the 20th century, the momentum was irreversibly on the women’s side. In 1918, President Woodrow Wilson switched positions in favor of enfranchising women. A year later, the House approved the 19th Amendment 304 to 90, and the Senate passed it 56 to 25. Can you imagine how the wives felt being married to those men who’d voted no? The first states to ratify it were Illinois, Wisconsin and Michigan; on Aug. 24, 1920, Tennessee became the crucial 36th state to follow suit, and so the amendment became law. Interestingly, Maryland didn’t get around to ratifying the amendment until 1941.A year from now an American woman may lead this country. About time, I say.When I look at the men the Republican Party now has running for president, I can hear them saying, “Hey, my billionaire’s bigger than yours!” But when I hear Hillary Clinton finally saying the obvious—that she’s willing to put up with all the crap the most vile right-wing minds can muster in order to win the White House—I grin. If those guys want to throw bad money after good, I say, bring it on, boys.As Abigail Adams famously wrote her husband John in March 1776 while he was in Philadelphia with the Continental Congress (and long before she herself became First Lady), “Do not put such unlimited power in the hands of husbands. Remember, all men would be tyrants if they could.”Let’s be clear who Hillary Clinton is—and who she is not. She wouldn’t be on the campaign hustings had not Susan B. Anthony and Elizabeth Cady Stanton come first. But she’s not like them. Nor is she nearly as radical as Mother Jones, Emma Goldman, or Sojourner Truth. She’s an upper class woman who graduated from Wellesely College in Massachusetts. No, she’s not as “progressive” as Sen. Elizabeth Warren or Sen. Bernie Sanders. We need those two in the Senate right where they are, but they’re going to need many more colleagues who think like them if we’re going to win the fight for fair pair pay, reproductive rights and the prosperity of the middle class. Not to mention saving Social Security and expanding Medicare.Let’s be glad Clinton is definitely no Carly Fiorina, the Hewlett Packard CEO, who laid off 18,000 workers but was still dumped by her board two years later although she did get a “golden handshake” worth $21 million. What did the unemployed get? Bupkis. What is Fiorina hoping to get by running with the GOP guys? The Republican vice-presidential nomination. But she’s no comedienne, so the joke may be on her.Electing Hillary Clinton president is no laughing matter.You don’t have to go to a skilled nursing home to find women alive today who were born without the right to vote. Come November 2016, these elderly women will get a chance to do something their mothers never dreamed possible. Is that what the campaign of Hillary Clinton is all about? Hardly. But don’t discount that historic movement for a moment. It’s going to take their spirit to save this great land of ours.
Scott is the Principal of Your Credit Union Partner, PLLC.Your Credit Union Partner (YCUP) is a trusted advisor to the leaders of more than 100 credit unions located throughout … Web: www.yourcupartner.org Details Someday, hopefully soon, the pandemic will be a historical event that most consumers have bounced back from physically and financially. However, for many consumers the bounce-back time will take significantly longer or not happen at all. The financial aftermath of the pandemic will further accelerate the income and quality of life polarization already underway.Today, during the midst of the pandemic, credit unions are demonstrating their value and commitment to serving consumers (and small businesses) faced with extreme financial challenges. These actions speak louder than words in conveying the credit union purpose. I believe these purposeful actions, for people in need, will result in longer-term credit union loyalty and sustainability (profit).However, I fear that once the pandemic is behind us, many will return to old routines and forget about the people who don’t bounce back as quickly.Polarization of income, equity, and inclusionIncome polarization describes a process in which income concentrates into two separate groups: one rich and another poor. This means there are fewer people in the middle-income group and more in the high-income and low-income groups. This is a serious problem in many of the communities credit unions serve. For decades, the middle class has been shrinking.“Household incomes have grown only modestly in this century, and household wealth has not returned to its pre-2009 recession level. Economic inequality, whether measured through the gaps in income or wealth between richer and poorer households, continues to widen” (Pew 2020). The outcome of the 2020 recession could be far worse.There are many factors at play here, but regardless of the issue, the fact remains that there are more people (and more likely to follow) struggling financially. These individuals are more likely to remain on the fringe, excluded from affordable financial services. They need a credit union.Purpose alignmentEverything we do, as people or as an organization, reflects our purpose. One of the ways we can determine how closely we’re demonstrating our purpose is to listen to what other people appreciate about us. Judging by the massive media exposure and over-the-top member testimonials credit unions are receiving at the moment, I would say we are in the “people helping people” business and are at our collective best when we’re inclusive, helping our members solve financial challenges. I don’t recall a single news-related article in the past that praises the credit union space for having the best financial technology, or most robust menu of financial services. Over and over again, credit unions stand out when they demonstrate they are the consumer’s best financial advocate – especially for the “little guy” who is probably lower-middle-class, to low-income.There’s no need to return to “normal” after the pandemic is over. There will remain a large and growing group of people who will continue to face financial challenges who we can serve AND continue to gain extraordinary brand recognition, loyalty, growth, and profitability.ProfitabilityNo doubt, working through the current economic recession is going to take its short-term toll on credit union earnings and capital. It will be painful. However, keep in mind the longer-term positive impacts that will result from credit unions stepping up and helping members through these tough times:Improved brand image – once again, people are seeing credit unions in the correct, purpose-aligned, light. Credit unions are reminding consumers, businesses, and communities that they are the best financial option for many. Credit unions put people above profits. Credit unions are “Financial First Responders!”Increased member loyalty – People forget common product and service commodities, but they are quick to remember people and organizations that stuck their necks out and helped them through a financial challenge.Purpose-driven actions and meaningful member financial outcomes are resulting in better legislative and regulatory recognition. These efforts are already resulting in big wins for credit unions.Collectively, improved brand impact, increased member loyalty, and an improved regulatory playing field will result in long-term membership growth and profitability.Why it mattersA look at changing market segmentations reveals an increasing number of people will need quality financial advice and flexible products designed and specifically aligned to help lower-income and credit-challenged consumers. Time and time again, credit unions demonstrate their best collective market niche is helping underserved consumers (and businesses). The credit union space is small. Credit unions can’t be all things to all groups. The closer credit unions can align their purpose of “people helping people” to need, the greater the opportunity for growth and long-term viability. 25SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Scott Butterfield
Aerial view of residential housing in Queensland. Picture: AAP/Dave Hunt.Queensland, Western Australia, Australian Capital Territory and the Northern Territory all experienced an increase in first home buyers during the June quarter, with the territories recording growth of 49.6 per cent and 40 per cent respectively.More from newsMould, age, not enough to stop 17 bidders fighting for this home1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor1 hour ago“The average loan size to first home buyers increased by 1.2 per cent over the June quarter and 0.6 per cent over twelve months to $365,600 with the average loan size to first home buyers decreasing in South Australia, Tasmania and the Australian Capital Territory over the quarter,” Mr Kasehagen said.“Year on year, the average loan size to first home buyers increased in New South Wales, Victoria, Queensland and the Northern Territory.”This is what you’ll get for $4.6m in BrisbaneThe 10 worst postcodes for mortgage stressHomes that’ll make you go greenThere was also some relief for renters during the June quarter.The proportion of median family income required to meet rental payments dropped by more than half a per cent to 24.3 per cent.Rental affordability improved slightly in Queensland, dropping 0.7 per cent to 23 per cent of income required to meet median rents. 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This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenFirst home buyer struggles01:25FIRST home buyers have made a bold return to the property market after months on the sidelines, with Queensland welcoming the biggest increase.The latest report from the Real Estate Institute of Australia and Adelaide Bank reveals the number of loans to first time buyers increased by 14 per cent during the June quarter, with increases in all states and territories except Tasmania.That’s despite government grants for first time buyers in some states not coming into effect until July 1.Queensland welcomed more first-home buyers into the market than any time in the past year, with the number of loans increasing by nearly 12 per cent in the June quarter and almost 20 per cent compared to the same time last year.The average loan size for first home buyers in the state increased 1.5 per cent during the quarter to $296,033.Real Estate Institute of Queensland spokesperson Felicity Moore said that confirmed the Queensland market’s viability and good value proposition.“It’s also a reflection of the impact of the Government’s first-home buyer grant boost of an additional $5000 to a total of $20,000,” she said.“Young Queenslanders have seized upon the opportunity to jump on the property ladder and take their first steps to personal wealth creation.”Of all buyers in the market for their first home in the three months to June 30, more than a quarter were from Queensland.But Victoria tops the charts as the state with the largest number of first home buyers, followed closely by Queensland.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:34Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:34 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. 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This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenMonthly Core Index: August00:34The June quarter edition of the Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report shows a slight decline in housing affordability nationally, with the proportion of median family income required to meet average loan repayments increasing by 1 percentage point to 31.4 per cent — just above the 30 per cent threshold usually used to define mortgage stress.In Queensland, the proportion of income required to meet home loan repayments increased by half a per cent during the quarter to 27.2 per cent.That’s up a modest 0.2 per cent on the same period a year ago.The average monthly loan repayment in Queensland increased to $1,948, from $1,933 a year earlier.And the median weekly family income in the state is $1,651, according to the report.But Adelaide Bank head of business development Darren Kasehagen said that shouldn’t overshadow the good news that first home buyers had made a comeback. Real Estate Institute of Australia president Malcolm Gunning.Real Estate Institute of Australia president Malcolm Gunning said that while housing loan affordability had declined across the country, rental affordability had generally improved.“This improvement was recorded across all states and territories except in Tasmania and the Australian Capital Territory,” he said.“Historically, rental affordability declined markedly from the June quarter 2007 reaching its lowest point in the March quarter 2010.“Since then rental affordability has been showing a trend improvement reflecting the pick-up ininvestment in housing from the end of 2011.”
“I don’t love it that much,” he told The Courier-Mail. “We’re living in it now but we’re moving out and bringing in bulldozers.”The couple are awaiting council approval to put in a three-storey luxury home with a roof terrace to make the most of the views. They hope they’ll have the go-ahead by “November-December time”. Andrew Winter’s 2019 Mermaid Beach purchase which is earmarked for demolition. The host of Selling House Australia is much kinder to homeowners Season 13 of Selling Houses Australia than he has been to himself. The first episode is 7.30pm QLD/8:30pm AEDT tonight on Foxtel’s LifeStyle channel.“We’ve never built a home like this before. It’s completely uncharted territory. It’s a narrow block and the living area will be on level three. It’s an interesting one and it’s taken a long time to get it to this stage.”He said the inclusion of the top-floor living room was at his wife’s insistence.“I was going for a living room in the middle, bedrooms on top and garages and a guest room on the ground floor. But no, the architect and my wife said entry on the middle level and living on the top and the roof terrace.” Clearance rates dive but still higher than 2019 You can only just make out the ocean now, but when they go three storeys up, it will be a different ballgame. Andrew Winter dislikes everything about this million-dollar property at present.“Unfortunately gravity doesn’t like that much, but it’s all good. It’s quite a design challenge. We’re very conscious about capturing the views.”The family loved the beach and the cafe lifestyle of Mermaid Beach.“Our kids are growing up. We moved out of central London to the suburbs of the Gold Coast and loved it. We’re facing the fact that we’re really townies, the coffee shop’s 10 minutes walk away as well as restaurants and bars. Forget the car, we don’t need it. We are embracing it.” He said it was about different stages for different people. “Some people will never have an urban desire, but there’s something great about waking up, seeing there’s no milk and thinking I’ll just go to the coffee shop. Then, of course, we won’t have a big backyard for a trampoline. It just depends on what you want.”Mr Winter said the shooting schedule for Selling Houses Australia – the 2020 season premieres Wednesday on Foxtel – was “pretty full on as usual”. Host of Selling House Australia Andrew Winter in an upcoming episode out of Queensland.Andrew Winter, the Selling Houses Australia TV show host and real estate guru, hates his home so much that he’s tearing it down and moving into “uncharted territory”.He and his wife Caroline bought a house in Mermaid Beach mid last year for $1.525m before selling their waterfront Sanctuary Cove five-bedroom home for $3.05m in December. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58More from newsParks and wildlife the new lust-haves post coronavirus9 hours agoNoosa’s best beachfront penthouse is about to hit the market9 hours ago FOLLOW SOPHIE FOSTER ON TWITTER MORE: Sweeping changes for real estate Most people would likely not mind this at all, but to each his own dream home.He was proud of their success helping most families on the show to sell their property, which at about 80 per cent sales.“Forget Love at First Sight, we’re on fire,” he said.He said the Queensland property market had not had the increases of Sydney and Melbourne, but was still “really strong”.“In the last 10 years, you’d be hard pressed to find properties that have doubled. We’ve still got room to grow in SEQ.” *Selling Houses Australia S13 premieres Wednesday, March 25 at 7:30pm QLD / 8:30pm AEDT on Foxtel’s LifeStyle.